$1,300,000
$950,000
36.8%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
4 Baths
2,436 SqFt
SOLD DATE : 12/29/2023
Key Details
Sold Price $1,300,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,436 sqft
Price per Sqft $533
MLS Listing ID 23337593
Sold Date 12/29/23
Bedrooms 6
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1947
Lot Size 9,483 Sqft
Property Description
Luxury Live Auction! Bidding to start from $950,000! Welcome to this stunning, newly updated multi-unit property, a unique investment opportunity in a prime location. This property features three separate units, each with its own private entrance and outdoor space, perfect for an end-user or an investor.The Main House is a charming 1,110 square foot, two-bedroom, one-bathroom unit that boasts beautiful wood floors, a renovated kitchen with updated features, and a massive backyard. The second unit, the ADU, is 825 square feet with two-bedrooms and two-bathrooms. This space features beautiful tile floors, a renovated kitchen, updated features, and a private backyard, providing a blend of indoor and outdoor living. The third unit, the Private Suite with a kitchenette, is a cozy 575 square foot, two-bedroom, one-bathroom unit. This property is located very close to CSU Northridge, making it an attractive rental option for students and faculty alike. The potential rental income for all three units is estimated up to $9100 per month by a local property management company, providing a fantastic return on investment. Other features include fully-owned solar panels, separate electric meters, and a gated double-driveway with automatic gates. Whether you're an end-user looking to offset your mortgage with rental income or an investor seeking a profitable addition to your portfolio, this property is a must-see. Don't miss out on this great opportunity!
Location
State CA
County Los Angeles
Area Nr - Northridge
Zoning LARA
Interior
Heating Central, Zoned
Flooring Tile, Wood
Fireplace No
Appliance Barbecue, Dishwasher, Microwave, Oven, Refrigerator, Dryer
Exterior
Garage Gated, Private
Pool None
Community Features Gated
Roof Type Shingle
Porch Porch
Parking Type Gated, Private
Total Parking Spaces 4
Private Pool No
Building
Story 1
Entry Level One
Architectural Style See Remarks
Level or Stories One
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 2783003017
Security Features Gated Community
Special Listing Condition Auction
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Michelle Esquivel
michelle@michellehomesellingteam.comOur team is ready to help you sell your home for the highest possible price ASAP
Bought with Arvin Nazari • California State Realty
michelle@michellehomesellingteam.com
515 S Myrtle Ave, Monrovia, CA, 91016, USA